Garuda Aerospace Private Limited, a leading drone manufacturing company, has raised ₹100 crore in a Series B funding round led by Venture Catalysts++, India’s first multi-stage venture capital firm.
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The fresh capital will be used to scale operations, enhance R&D, and strengthen the company’s footprint in both domestic and international markets.
Founded in 2015 by Agnishwar Jayaprakash, the Chennai-based company specializes in building and customizing drones primarily for precision farming and industrial applications. Garuda aims to revolutionize agriculture by reducing manual labor through drone technology while also serving various industrial sectors.
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